Bill Text: TX SB175 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the allocation of the proceeds from taxes imposed on the sale, storage, or use of sporting goods.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-03-04 - Referred to s/c on Fiscal Matters by Chair [SB175 Detail]
Download: Texas-2013-SB175-Introduced.html
83R295 CJC-D | ||
By: Estes | S.B. No. 175 |
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relating to the allocation of the proceeds from taxes imposed on the | ||
sale, storage, or use of sporting goods. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 151.801(c-1), Tax Code, is repealed. | ||
SECTION 2. Section 151.801(c), Tax Code, is amended to read | ||
as follows: | ||
(c) The [ |
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collection of the taxes imposed by this chapter on the sale, | ||
storage, or use of sporting goods shall be deposited as follows: | ||
(1) an amount equal to 94 percent of the proceeds shall | ||
be credited to the Parks and Wildlife Department and deposited as | ||
specified in the Parks and Wildlife Code; and | ||
(2) an amount equal to six percent of the proceeds | ||
shall be credited to the Texas Historical Commission and deposited | ||
as specified in Section 442.073, Government Code. | ||
SECTION 3. This Act takes effect September 1, 2013. |